OCZ is hours away from being delisted from the stock exchange and it will be very difficult for them to make the deadline as they have to submit a plan detailing how they will provide an accurate accounting of their quarterly profits by Feb 28th. This is a bit of a problem considering that they do not seem to have submitted an accurate profit statement since Q1 of 2012 at the most recent. In Q2 Ryan Petersen originally forecasted profits between $110-120m but after Petersen left and Ralph Schmitt took over those predicted profits dropped drastically to somewhere around $65-$85m, not accurate enough for Wells Fargo to consider it a proper financial statement. From what The Register has learned, OCZ cannot estimate Q2 or Q3 earnings at this time, nor are they quite sure what the economic impact incentive programme liabilities and inventory run-down charges will have. Things do not look good.

"Stifel Nicolaus analyst Aaron Rakers noted there was no announcement of a filing of the required Nasdaq update plan today. Unless that is handed in on time, OCZ is out of Nasdaq and, as a result, getting bank credit will be much more difficult. Wells Fargo could wave goodbye and consign OCZ to the scrap heap in a forced asset sale. This is about as bad as it gets, but OCZ's survival is still possible."

Late last week NVIDIA reported their Q3 2012 (they have an unconventional reporting calendar), and the results were overwhelmingly positive for the once struggling company. Throughout 2010 NVIDIA struggled with the poor results of their 400 series of graphics cards as compared to the relative smooth sailing that AMD had going into the DirectX 11 marketplace. NVIDIA was also struggling to get the original Tegra to be accepted by the marketplace, which never occurred with that particular generation of products.

NVIDIA reported gross revenues of $1.07 billion for the previous quarter, with a net income (GAAP) of $178.3 million. Margins improved to a respectable 52.5%, which is generally considered high for a fabless semiconductor company. When we compare these results to AMD which had reported earnings a few weeks ago, we see that while NVIDIA had less revenue (AMD reported $1.7 billion) the company had nearly double the overall profit (AMD reported around $97 million). AMD has a strong CPU business, which is something that NVIDIA is working on. AMD reported margins in the 45% range, but they also have a larger workforce and larger capital expenditures at this time.

"Nvidia (NASDAQ:NVDA) published their results last Thursday topping analyst estimates and six days later the stock was down 10%. What happened?

The numbers were pretty good. Revenue was up and Tegra™ finally started to get traction, more than 3 times up but there are some red lights. First their revenues are down YoY. Second, their GPU business is down YoY and last, but not least, their professional business revenue is more or less flat for the last quarter."

It might not seem like good news that AMD's entire sales for this quarter don't match Intel's profits but that just exemplifies the size discrepancy between the two companies. It most certainly is good news, showing an improvement from this time last year partly thanks to ATIC, a partner with AMD in GlobalFoundries, purchasing Chartered Semiconducter and improving AMD's income on the books, if not through actual exchange of cash. The Register's report tells of improvements on sales of APU/CPUs but not so much from GPUs.

"Advanced Micro Devices is no longer a fabricator of chips, but it is still benefitting from spinning out its wafer-baking unit to GlobalFoundries.

In the first quarter ending April 2, AMD's sales were up a modest 2 per cent, to $1.61bn, but all of its costs were on the rise, and its operating income fell by 70 per cent, to $54m."